Skip to Content

Ethical Issues In Business

Submitted by • July 18, 2019

Many believe that business entities should have an ethical duty to be socially responsible, to work towards increasing its positive effects on society while decreasing its negative effects. Many organizations look for opportunities to be socially responsible while also creating shareholder wealth.Company Q is a small local grocery store chain located in a major metropolitan area. They have recently closed two stores in higher-crime-rate areas of the city because they were consistently losing money. After years of requests from customers, all of their stores have started offering a very limited amount of health-conscious and organic products?all of which are high-margin items. When asked by the area?s food bank for donation of day-old products, management declined deciding instead to throw the food away, citing worries over lost revenues due to possible fraud and stealing by employees who may claim they are donating the food.

Voted by:
Voted by Simon Brooke

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>